SAM Advisors LLC Boosts Holdings in PGIM Ultra Short Bond ETF $PULS

SAM Advisors LLC lifted its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 66.1% in the 4th quarter, HoldingsChannel reports. The firm owned 65,277 shares of the company’s stock after buying an additional 25,986 shares during the quarter. PGIM Ultra Short Bond ETF accounts for 1.0% of SAM Advisors LLC’s portfolio, making the stock its 18th biggest position. SAM Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,237,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sound Income Strategies LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 1,346.2% in the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after purchasing an additional 525 shares during the period. Turim 21 Investimentos Ltda. purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 3rd quarter worth about $30,000. Rossby Financial LCC purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 3rd quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 394.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after purchasing an additional 513 shares during the period. Finally, Kingdom Financial Group LLC. purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 4th quarter worth about $32,000. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Trading Up 0.0%

NYSEARCA:PULS opened at $49.62 on Friday. The company has a 50-day moving average price of $49.62 and a 200-day moving average price of $49.66. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84. The stock has a market cap of $16.44 billion, a price-to-earnings ratio of -23.86 and a beta of 0.02.

PGIM Ultra Short Bond ETF Profile

The PGIM Ultra Short Bond ETF (PULS) is an exchange-traded fund that is based on the ICE BofAML USD Libor 3 Month index. The fund is an actively managed bond fund that specializes in short-term, high-credit-quality debt securities denominated in US dollars. The fund seeks total return that is consistent with capital preservation. PULS was launched on Apr 5, 2018 and is managed by PGIM.